WASHINGTON (Reuters) – The U.S. Treasury Department on Thursday said it has proposed raising the effective minimum rate that U.S. corporations pay on overseas income to 21% from about 10.5%…
WASHINGTON (Reuters) – The U.S. Treasury Department said on Tuesday it approved $185.8 million in American Rescue Plan funds for broadband infrastructure projects in South Carolina expected to connect about…
WASHINGTON (Reuters) – A program to address the risks of outbound U.S. investment in areas with sensitive technology potentially harmful to national security would cost $10 million if set up…
A look at the day ahead in U.S. and global markets from Mike Dolan Spooked by a resurgence of already high global inflation and the ire of central bank hawks,…
Biden’s Treasury Secretary Makes Unannounced Trip To Ukraine Bronson Winslow on February 27, 2023 Secretary of the Treasury Janet Yellen arrived in Ukraine for an unannounced visit Monday, according to…
BRASILIA (Reuters) – The Brazilian government is closely monitoring the credit market to ensure liquidity and considering measures for specific sectors, Treasury Secretary Rogerio Ceron said on Monday. His comments…
By Hari Kishan BENGALURU (Reuters) – Bond strategists have boosted their U.S. benchmark Treasury yield forecasts only a month after taking an axe to them, as the chances of an…
By David Lawder BENGALURU (Reuters) – U.S. Treasury officials said on Wednesday they expect G20 discussions over debt relief for distressed countries to be “difficult” this week, but it was…
NEW YORK (Reuters) – U.S. stocks rallied while the dollar and Treasury yields fall as Chair Jerome Powell said the jobs data on Friday showed why the central bank has…
(Reuters) – The UK Treasury has signaled that there is no money for defense despite recognizing the urgent need to rearm in the wake of Russia’s war in Ukraine, Sky…
LONDON (Reuters) -The Bank of England (BoE) and Britain’s finance ministry think the UK is likely to need to create a central bank digital currency (CBDC) later this decade, the…
By Hari Kishan BENGALURU (Reuters) – U.S. Treasury yields a year from now are forecast to trade sharply lower than the level expected by bond strategists polled by Reuters just…
By Karen Brettell (Reuters) – The U.S. Treasury Department next week is likely to announce that it will offer fewer Treasury bills in the second quarter, after hitting its statutory…
‘Grave Error’: Former Clinton Treasury Secretary Warns Central Bankers Against Going Soft On Inflation Harold Hutchison on January 20, 2023 Former Secretary of the Treasury Larry Summers urged central banks…
WASHINGTON (Reuters) – The U.S. Treasury Department on Thursday began using extraordinary cash management measures to continue borrowing under the federal debt limit, Treasury Secretary Janet Yellen told congressional leaders.…
By Giuseppe Fonte and Angelo Amante ROME (Reuters) – Italy’s cabinet is likely to decide on Jan. 19 the fate of two influential Treasury officials, sources said, with nationalist Prime…
By Davide Barbuscia NEW YORK (Reuters) – U.S. government bond investors hurting after the biggest annual decline in the history of the asset class are riding out yet another selloff,…
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen met with China’s ambassador to the United States, Qin Gang, on Thursday to discuss their “views on global macroeconomic and financial developments,”…
By David Shepardson (Reuters) – U.S. Senator Joe Manchin, a Democrat who chairs the chamber’s energy panel, asked the Treasury Department on Tuesday not to allow a commercial electric vehicle…
LONDON (Reuters) – Britain’s finance ministry has no plan for the Bank of England to cut the amount of interest it pays to banks, the Treasury’s top official said on…
By Timothy Gardner and David Lawder WASHINGTON (Reuters) – Western powers’ leverage over Russia has increased with their $60-a-barrel price cap on Russian crude oil, and any adjustments to the…
BRASILIA (Reuters) -Brazil’s Special Treasury and Budget Secretary Esteves Colnago submitted his resignation, the Economy Ministry said on Friday, a month before the usual turnover of the position at the…
NEW YORK (Reuters) – The European Union’s agreed $60 per-barrel price cap on Russian seaborne crude oil will keep global markets well supplied while “institutionalizing” discounts created by the threat…
By David Lawder NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said social media company Twitter should be held to certain standards for content, arguing that it…
NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said she “certainly” planned to stay on in her job for the duration of President Joe Biden’s term, dismissing…